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These days, finding an affordable place to live in the Middletown area can be challenging. Home prices in Middletown are now at a median cost of $604,401, higher than the New Jersey average of $496,577.
The average cost of rent is $1,916/mo in Middletown, primarily driven by the current value of real estate in the Middletown area. In Middletown, 16.03% of households rent, and 28.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Middletown is $13,444 per month. Households that rent pay about 14.25% of their income on rent here. Middletown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Belford, NJ: less expensive homes
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- Holmdel, NJ: higher priced homes
- Hazlet, NJ: less expensive homes
- Red Bank, NJ: equally priced homes
- Union Beach, NJ: less expensive homes
- Atlantic Highlands, NJ: equally priced homes
- Lincroft, NJ: higher priced homes
Cities with Similar Populations
- Alabaster, AL: less expensive homes
- Youngsville, LA: less expensive homes
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- West Springfield, VA: equally priced homes
- West Melbourne, FL: less expensive homes
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- Walker, MI: less expensive homes
- Wailuku, HI: higher priced homes
- Villa Park, IL: less expensive homes
- Dickinson, ND: less expensive homes
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